Yesterday's FOMC minutes "are a bit stale," says St. Louis Fed President Bullard, appearing on...


Yesterday's FOMC minutes "are a bit stale," says St. Louis Fed President Bullard, appearing on CNBC. The usually hawkish-leaning Bullard adds he's not sure the data warrants "gigantic" action. His comments clearly pour cold water on the idea of more Fed action in September, but do keep in mind Bullard has no FOMC vote.

Comments (5)
  • Paulo Santos
    , contributor
    Comments (33739) | Send Message
     
    The market is more like "I can't find a vein! I can't find a vein!".
    23 Aug 2012, 11:22 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    The PM market has finally found a vein (for now).
    23 Aug 2012, 11:49 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (33739) | Send Message
     
    Exactly. eheh
    23 Aug 2012, 11:54 AM Reply Like
  • DianeLee
    , contributor
    Comments (368) | Send Message
     
    When will the Market stop its overdependence on the Fed and QE3? It's not doing that badly, especially if we can begin to again factor in fundamentals instead of knee-jerk news. Like the oil reserve, QE3 should be used in an actual emergency. The true problem is the disappearance (or holding pattern) of actual investors. (imho)
    23 Aug 2012, 03:06 PM Reply Like
  • 1234gel
    , contributor
    Comments (1705) | Send Message
     
    Dennis is tired, and trying to take some time off from this irrational market. After the central banks take a decisive position, then we all will have a more positive outlook toward directional trading.
    24 Aug 2012, 03:50 PM Reply Like
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